First Commerce Bank
Lakewood, New Jersey, Ocean County
$2.0B in total assets, the 628th largest of 4,309 US banks and 19th of 50 headquartered in New Jersey.
- FDIC certificate
- 58054
- Established
- 2006
- Owned by
- First Commerce Bcorp Inc
- Primary regulator
- FDIC
At a glance
Compared with 18 banks headquartered in New Jersey with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.0B | 28% | $3.1B | |
| Loans | $1.6B | 33% | $2.0B | |
| Deposits | $1.4B | 28% | $2.6B | |
| Return on assets | 0.81% | 56% | 0.76% | |
| Net interest margin | 3.10% | 39% | 3.28% | |
| Efficiency ratio | 63.1% | 47% | 64.2% | |
| Equity to assets | 9.80% | 33% | 11.64% | |
| Loans to deposits | 108% | 83% | 97% |
Growth
Total assets grew 12.4% a year over the last 5 years and 10.0% a year over 10 years, without acquisitions.
Where they operate
11 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Ocean County, NJ | $701M | 2.9% | 10 of 22 |
| Bergen County, NJ | $294M | 0.4% | 27 of 45 |
| Monmouth County, NJ | $227M | 0.7% | 18 of 23 |
| Essex County, NJ | $101M | 0.4% | 26 of 31 |
| Burlington County, NJ | $66M | 0.5% | 15 of 17 |
| Mercer County, NJ | $52M | 0.2% | 21 of 22 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 4 branches since 2016 (7 to 11, +57.1%). 5 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2016 | Opened Robbinsville | 1 | 0 | +1 | 8 |
| 2017 | Opened Fairfield | 1 | 0 | +1 | 9 |
| 2018 | Opened Bordentown | 1 | 0 | +1 | 10 |
| 2023 | Opened Jackson | 1 | 0 | +1 | 11 |
| 2024 | Closed Montvale | 0 | 1 | −1 | 10 |
| 2025 | Opened Lakewood | 1 | 0 | +1 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 71% | 32% | |
| 1-4 family residential | 13% | 25% | |
| Construction and land | 7% | 5% | |
| Multifamily | 7% | 17% | |
| Business (C&I) | 2% | 6% | |
| Consumer | 0% | 7% | |
| Other | 0% | 9% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 49% | 30% | |
| Other interest-bearing | 36% | 55% | |
| Noninterest-bearing | 15% | 15% |
Brokered deposits are 14.2% of deposits (peers 6.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.72% | 0.61% |
| Net charge-offs, annualized | 0.00% | 0.02% |
| Reserves to loans | 1.01% | 0.91% |
| Leverage ratio | 10.15% | 11.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Jersey
Largest competitors in Ocean County, NJ
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-commerce-bank-lakewood-nj